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Access Holdings posts profit drop on lower forex gains
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Access Holdings posts profit drop on lower forex gains
Access Holdings Plc led by Nigerian banker Aigboje Aig-Imoukhuede reported mixed results for the first half of 2025 as profit fell despite growth in gross earnings. The decline was driven by lower foreign exchange gains, rising operating costs and an increase in impairment charges.Gross earnings rise, profit slips sharplyFor the six months ended June 30, Access Holdings posted a 13.8 percent rise in gross earnings, climbing from N2.19 trillion (…
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